Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 8.19 to 20 . . 8.66 (96.02%)
Intermediate 8.66 to 13.79 . 11.68 (41.13%) .
Short 11.02 to 13.79 . . 11.68 (76.17%)